01182017Wed
Last updateWed, 18 Jan 2017 7pm

i

The Weekly Report

New Products

  • ja-news-2
  • ja-news-3

Industry Headlines

CIRCOR Announces Availability of Historical Segment Information

43 MINS AGO

CIRCOR International announced the availability of certain historical segment information reflecting its previously announced organizational realignment beginning in the fourth quarter of 2016.

The new “Energy” segment, including the recent acquisition of Critical Flow Solutions, will prima...

Readmore

Curtiss-Wright, Clarke Industrial Engineering Sign Licensing Agreement

57 MINS AGO

Clarke Industrial Engineering has entered into a licensing agreement with Curtiss-Wright Corporation, whereby Clarke’s patented and proprietary Shutter Valve technology will be exclusively available to Curtiss-Wright for the worldwide naval defense market, the U.S. maritime homeland security mar...

Readmore

New Investments Spur Permian Oil Production Increase

5 HOURS AGO

The Department of Energy (DOE) said on Tuesday that oil production in the Permian Basin could increase by 53,000 bpd by next month. According to the Energy Information Administration (EIA), that is the largest monthly increase in the region in a year.

“The EIA’s first shale oil forecast o...

Readmore

Why is Oil & Gas Slow to Adopt Cloud Technology?

1 DAY AGO

“There are endless benefits to implementing a cloud-based system, many of which center around less waste and less hassle, but due to operational characteristics, oil & gas companies stand to benefit more than most.”

“Yet, while being among the sectors that stand to gain most fro...

Readmore

Industrial Production Sees Largest Rise in More Than Two Years

5 HOURS AGO

Industrial production rose 0.8% in December, the largest increase since November 2014, after falling 0.7% the previous month. For the fourth quarter as a whole, the index slipped 0.6% at an annual rate.

Manufacturing output moved up 0.2% in December, as an increase in durable manufacturing outweighed d...

Readmore

IMF Raises U.S. Economic Growth Forecast

1 DAY AGO

After a lackluster outturn in 2016, economic activity is projected to pick up pace in 2017 and 2018, especially in emerging market and developing economies. However, the International Monetary Fund (IMF) noted in its new World Economic Outlook, there is a wide dispersion of possible outcomes around ...

Readmore

MRC Global to Acquire Assets of Chaparral Supply

MRC Global Inc. announced that it has signed an agreement to acquire the majority of the operating assets of Cherokee, OK based Chaparral Supply, LLC, a wholly owned subsidiary of SandRidge Energy, Inc. Chaparral Supply provides pipe, valve and fitting products and oilfield supplies to its parent organization, SandRidge Energy. MRC plans to merge Chaparral’s employees and certain inventories and other assets with the company’s existing Alva, OK service location. The acquisition is subject to customary closing conditions and is expected to be completed in June 2012.

For the complete announcement click here

  • Latest Post

  • Popular

  • Links

  • Events

Advertisement

Looking for a career in the Valve Industry?

ValveCareers Horiz

To learn more, watch the videos below or visit ValveCareers.com a special initiative of the Valve Manufacturers Association